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Wednesday, October 19, 2011

Potential Takeover Candidate? (NYSE: KYO)

Shares of KYO fell by 1.51% or $-1.41/share to $91.84. Kyocera Corp. is trading at a price to book ratio of 0.91. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.32 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.04. Thus, the company is not very expensive in terms of its sales. On average, 5211 shares of KYO exchange hands on a given day and today's volume is recorded at 6661. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

KYOCERA CORPORATION develops, produces and distributes a range of products for the information and communications market and environment and energy market worldwide.